Brokerage Firms Are They Using Better Technology or Cutting Corners?

Feb 23, 2018 / protecting investors

Are brokerage firms using technology to better protect the investor client or to just as a cost-cutting strategy to increase the profitability of the firm? At Vernon Litigation Group, we are concerned that some investment firms are using technology to reduce internal expenses rather than enhance investor protection. According to a recent internet article, FINRA regulators fined Raymond James Financial Services, Inc., $2 million for relying on an inadequate technology […]

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Intel Facing 32 Lawsuits Over Microchip Flaws

Feb 20, 2018 / Cybersecurity

As reported by Reuters, Intel Corp informed its customers and shareholders on Friday that it was facing 32 lawsuits relating to security flaws in its processors. The security flaws, called “Meltdown” and “Spectre,” reportedly affect almost every system since 1995. The “Meltdown” vulnerability may be exploited by hackers to steal data by accessing the highest level of memory that is used by computers to run processes. “Spectre,” which is not […]

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Next Steps for EB-5 Investors in 550 Seabreeze | Los Olas Resort Project

Feb 8, 2018 / EB-5

An EB-5 immigrant investor visa is normally appealing to wealthy foreign individuals seeking a permanent residency in the United States. However, investing in the wrong EB-5 can have catastrophic consequences for investors. This includes the risk of losing the entire investment (which is usually $500,000) as well as losing permanent resident status in the United States. Unfortunately, for the 60 or so foreign investors that invested in the Las Olas […]

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